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Use the following to answer question:
-(Table: Cherry Farm) Use Table: Cherry Farm.Suppose there are 100 farms in this industry with identical cost curves,as shown in the table.Which point would fall on the industry short-run supply curve?
Negative
Referring to a condition lacking in positive attributes, or characterized by the absence rather than the presence of distinguishing features.
Positive
Characterized by or displaying affirmation, constructive qualities, or optimism.
Erratic
Characterized by lack of consistency, regularity, or predictability; erratic behavior can be sporadic and unpredictable.
Altruistic Punishment
The act of punishing wrongdoers at a cost to oneself, often undertaken for the sake of upholding social norms or benefiting the group.
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